Simple definition
Confidential business information that may receive special legal protection when kept secret.
Confidentiality
What Does Trade Secret Mean?
Confidential business information that may receive special legal protection when kept secret.
Example in a contract
The source code may contain trade secrets.
What trade secret means in a contract
This term appears in confidentiality and non-disclosure provisions describing protected information and permitted use or disclosure.
Why it may matter
It can affect what information must be protected, for how long, and what exceptions or required disclosures apply. Review the exact language rather than relying on the label alone.
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FAQ
Questions about trade secret.
What does trade secret mean in plain English?+
Confidential business information that may receive special legal protection when kept secret.
Where might trade secret appear in a contract?+
This term appears in confidentiality and non-disclosure provisions describing protected information and permitted use or disclosure.
Is this definition legal advice?+
No. ClauseInsight provides concise informational explanations. The legal effect of a term depends on the complete document, facts, and applicable law.